![]() ![]() It is originally known as Jerry and David’s Guide to the World Wide Web. (NASDAQ:YHOO) is created by graduate students Jerry Yang and David Filo. ![]() (Source: “ Pizza Hut Offers Big Discount to Celebrate 20th Anniversary of the World’s First Online Purchase,” Entrepreneur, January 3, 2014.) The first online order is placed: a large pepperoni pizza, mushroom, and extra cheese from Pizza Hut.The NASDAQ opens the first day of trading at 777.29.CERN places its World Wide Web technology in the public domain.goes public on the New York Stock Exchange (NYSE). (Source: “ Archie Query Form,”, last accessed March 23, 2017.) The first search engine, “Archie,” is developed by McGill University student Alan Emtage.(Source: “ The history of CERN,” CERN Timelines, last accessed March 23, 2017.) The world’s first web site and server goes live.(NYSE:AOL) launches its “Instant Messenger” chat service with the Pavlovian response-inducing “You’ve Got Mail!” greeting. While the ENQUIRE design is too rigid, it paves the way for the World Wide Web. The World Wide Web begins as a European Organization for Nuclear Research (CERN) project called “ENQUIRE.” The purpose of ENQUIRE is to develop a system of interlocking/hyperlinked projects, which are similar to today’s web sites, so that scientists can more easily find documents related to their research.NASDAQ rings in the new year at 378.56.Lastly, the Septemterrorist attacks put an end to a decade that will be remembered as one of the strongest periods of growth. By 2000, many promising dotcom businesses had gone out of business, the NASDAQ had cratered, stock tips had dried up, day-traders needed to find jobs, and there was talk of a recession. It was also difficult to find an investor who hadn’t made money on Internet stocks. (Source: “ GVU’s 3rd WWW User Survey,” Georgia Tech College of Computing, last accessed March 23, 2017)įast forward a few years and, by 1999 (the height of the dotcom bubble), it was impossible not to get a stock tip, from virtually anyone. Adjusted for inflation, that’s the equivalent of $110,000 in 2017, and just the kind of consumer that investors at the time were happy to capitalize on. In 1995, the average user demographic was a 31-year-old male professional making $69,000 a year. Investors, likewise, hoped to ride their coattails to untold riches as Internet usage soared from being almost exclusively used in academic and military circles to everywhere. Regardless, millions of people built web sites in an effort to capitalize on this transformative medium. The Internet might have looked like a basic extension of traditional brick-and-mortar businesses, but consumer psychology from that time shows us it wasn’t. Or rather, the attempt to commercialize it did. In the early years of the Internet (1994–2001), the commercialization of the medium exploded. What isn’t up for debate is how the Internet has changed the way people connect and communicate, share news and ideas. Vice President Al Gore helped father the Internet. Also Read: Warren Buffett Indicator Predicts Stock Market Crash in 2017 ![]()
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